Flat continues

29 July 2015, GBP/USD

Flat continues

< span> The four-hour schedule GBPUSD. After a return to the border of the channel (3/8 - 5/8), the pair resumed its upward movement. As long as the price is held within a horizontal channel, our main plan is continuation of a flat. Therefore, this option will be canceled when the price manages to consolidated on one of the boundaries of the channel and that will become an important prognostic signal.

Nikolay Krishtopov
FreshForex Analyst
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